FG reiterates commitment to favourable business environment for private sector growth

The Federal Government has reiterated its commitment to fostering a conducive business environment for the private sector growth.

This was contained in a statement issued by the Director, Information and Public Relations in the Ministry of Finance, Mr Mohammed Manga, in Abuja on Tuesday.

He said that the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, gave the assurance during a courtesy visit by Mr Femi Otedola.

Edun said that the environment would create innovation, transparency for capital investment to flourish.

Otedola said that the country’s evolving investment climate, particularly the expanding opportunities in banking, power and renewable energy is commendable.

He said that the improving macroeconomic conditions, enhanced regulatory clarity, and pragmatic fiscal measures are not only restoring investor confidence but also creating more level ground for both established conglomerates and emerging enterprises to thrive

Otedola said that the gathering reflects the Federal Government’s determination to work hand in hand with the private sector to drive sustainable economic growth and equitable development across the country

He commended President Bola Tinubu’s bold economic reform agenda and renewed confidence in the direction of policy under the current administration.

The business tycoon affirmed the readiness of major Nigerian investors, including himself, to increase their commitments in sectors critical to inclusive growth and national competitiveness.